| Code: MTA6594 | Publication Date: Jul 2025 |
For detailed forecasts, data tables, and competitive benchmarking,
Explore the full Global electric truck market.
The dynamic growth of market is influence by the stringent emission regulations worldwide and government incentives. All together encourage the fleets to switch from diesel to battery-powered trucks.
Further, the battery tech is getting advanced with the time such as improving range, lowering costs and investments in charging infrastructure. Especially ultra-fast chargers along highways and in logistics hubs are making electric trucks more feasible for long-period and urban delivery use cases. Commercial fleet operators are embracing electric options to save money over the long term through lower fuel and maintenance expenses. The adoption of heavy-duty electric trucks is increasing with China leading in uptake, and charging networks expand, as the result the market is set to grow.
| Company Name | BYD Auto Co. Ltd. |
|---|---|
| Establishment Year | 1995 (BYD founded) |
| Headquarter | Shenzhen, China |
| Official Website | Click Here |
BYD is a global leader in electric vehicles with a comprehensive range of electric trucks—including Class 6 and Class 8 models such as the 8R, 8TT, 8Y and 6R—deployed in U.S. ports, rail yards, and freight hubs. Its Class 8 Day Cab offers ~125 mi range, fast-charging in ~2 hours, and peak speeds of ~65 mph. BYD is among the top EV players globally thanks to its battery expertise and export expansion.
| Company Name | AB Volvo / Volvo Trucks Group |
|---|---|
| Establishment Year | 1927 (Volvo founded) |
| Headquarter | Gothenburg, Sweden |
| Official Website | Click Here |
Volvo Trucks is a key global electric truck provider. Its FH Electric heavy-duty model—with up to 600 km (373 mi) range—is slated to launch in the second half of 2025. The company is expanding North American production with a new $700M plant in Monterrey, Mexico.
| Company Name | Dongfeng Motor Corporation |
|---|---|
| Establishment Year | 1969 (Dongfeng group origin) |
| Headquarter | Wuhan, Hubei, China |
| Official Website | Click Here |
Dongfeng is a major Chinese commercial vehicle manufacturer actively developing electric and fuel-cell heavy-duty trucks. Recognized as one of the top five leaders in the global electric truck market.
| Company Name | Groupe Renault |
|---|---|
| Establishment Year | 1899 |
| Headquarter | Boulogne-Billancourt, France |
| Official Website | Click Here |
Renault's commercial division offers electric lorries for European markets, including models in the 44-ton category, delivering ~300 km range per charge. Its heavy trucks (e‑trucks) are already available to order across Europe.
| Company Name | Rivian Automotive Inc. |
|---|---|
| Establishment Year | 2009 |
| Headquarter | Irvine, California, United States |
| Official Website | Click Here |
Rivian produces the R1T all‑electric pickup and is expanding into commercial electric trucks. While primarily known for adventure‑oriented light trucks, it is considered a significant player in the electric truck segment.
| Company Name | Nikola Corporation |
|---|---|
| Establishment Year | 2014 |
| Headquarter | Phoenix, Arizona, United States |
| Official Website | Click Here |
Nikola builds electric and hydrogen fuel-cell semi-trucks (Nikola Tre, Two, etc.), targeting long-haul freight with both BEV and FCEV options. It continues to develop prototypes for commercial launch.
| Company Name | Einride AB |
|---|---|
| Establishment Year | 2016 |
| Headquarter | Stockholm, Sweden |
| Official Website | Click Here |
Einride specializes in autonomous, remote-operated cabless electric trucks (T-pod / AET) used for freight. It’s active in Sweden, U.S., UAE and partners with major logistics firms like Maersk, DHL. Its vehicles can travel ~200 km per charge.
| Company Name | Volta Trucks |
|---|---|
| Establishment Year | 2019 |
| Headquarter | Stockholm, Sweden |
| Official Website | ClickHere |
Volta Trucks launched the “Volta Zero” – a fully electric 16-tonne city freight truck—designed specifically for urban deliveries. Operations span across Europe with facilities in Sweden, UK, France, Spain, Netherlands, and Austria.
| Company Name | Orange EV |
|---|---|
| Establishment Year | 2012 |
| Headquarter | Kansas City, Kansas, United States |
| Official Website | Click Here |
Orange EV is America’s first commercial electric terminal tractor maker. Its yard trucks (e‑TRIEVER, HUSK‑e) are widely used in ports, rail yards and distribution centers across over 40 states, offering zero-emission trailer movement solutions.
| Company Name | Windrose Technology |
|---|---|
| Establishment Year | 2022 |
| Headquarter | Beijing (HQ in Belgium & offices in China/US) |
| Official Website | Click Here |
Windrose is a Chinese startup developing Class 8 long-haul electric trucks. Though not yet certified in Europe or the U.S., it has delivered ~40 units as of early 2025, raised $110M in funding, and is building assembly plants in Georgia and California.